BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0334%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h −0.079%

Price spread now: RISEx against dYdX−0.033%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on dYdX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.271%−$27 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.033%, 7d avg +0.022%

Together, before fees−0.252%−$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.055% cheaper against dYdX than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.022%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 4 days funding on this pair cost −0.271%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BNB-USD	789.74	0.0127	pay 0.0016% / 1h	37m 01s	$160K	$64K	10x
Short	RISEx BNB/USDC	789.48	0.0461	get 0.0058% / 1h	37m 01s	$1.1M	$973K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee RISExbpOrdersPrice spread, now −0.033%Rate

Funding earned: $70.07
Price spread: −0.033% → +0.022%: −$5.46
Slippage, 4 orders: −$26.55
Fee dYdX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $22.05
Costs to cover: 0.426%
Break-even: 4.8 days

Slippage from dYdX: live order book, 22 min ago; RISEx: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 22 min ago	11.42 bp	16.4 bp −$16	25.9 bp −$259	30.9 bp −$3,091	143.4 bp −$71.7K
Sell RISEx live order book, 2 min ago	1.27 bp	4.3 bp −$4	8.5 bp −$85	doesn't fit	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0185% / S +0.0350%	1h	789.01	−0.093%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.81	+0.009%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.98	+0.030%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.00	−0.093%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.944%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0040%	8h	789.61	−0.016%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDT	+0.0053%	8h	789.14	−0.076%	—	$34.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	−0.037%	$582K	$1.9M	50x	as long as short
MEXC BNB_USDT	+0.0065%	8h	789.90	+0.020%	$80.1M	$12.3M	200x	as long as short
Phemex BNBUSDT	+0.0066%	8h	789.70	−0.005%	$69.1M	$49.9M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0066%	8h	789.72	−0.003%	$492.9M	$789.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	789.22	−0.066%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.06	−0.086%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.32	−0.179%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.61	−0.016%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.48	−0.032%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.82	−0.116%	$138.7M	$74.7M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.90	−0.106%	$53.3M	$111.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	−0.018%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.00	−0.094%	$35.4M	$56.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.85	−0.113%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.78	−0.122%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.40	−0.043%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.90	−0.106%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.70	−0.006%	$4.1M	$73.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.35	−0.049%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.98	−0.096%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.17	−0.072%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.72	−0.002%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.20	−0.068%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.81	−0.118%	$8.1M	$9.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.05	+0.039%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.70	−0.131%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.08	−0.084%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.39	−0.044%	$170K	$35K	10x	as long as short
dYdX BNB-USDlong	+0.0127%	1h	789.74	long leg	$160K	$64K	10x
GRVT BNB_USDT_Perp	+0.0137%	8h	789.99	+0.032%	$2.9M	$28.2M	10x	as long as short
Kalshi KXBNBPERP	+0.0180%	8h	789.70	−0.005%	$124K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0186%	8h	789.67	−0.009%	$18.1M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	789.62	−0.015%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	788.97	−0.098%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0272%	1h	789.78	+0.005%	$640K	$9K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.51	−0.029%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	788.50	−0.157%	$6K	$3K	40x	as long as short
RISEx BNB/USDCshort	+0.0461%	1h	789.48	−0.033%	$1.1M	$973K	20x
Hibachi BNB/USDT-P	+0.0464%	1h	789.71	−0.003%	$67K	$38K	12x	as long as short